Verizon, Daily Mail? Who Will Make a Bid for Yahoo? (video)

Why the Daily Mail May Bid for Yahoo:

David Kirkpatrick, chief executive officer of Techonomy, and Bloomberg's Brian Womack discuss the Daily Mail throwing their hat into the ring for Yahoo's media assets. They speak to Bloomberg's Emily Chang on "Bloomberg West." Published April 12, 2016

Stock exchange:symbol  NASDAQ:YHOO
Principal domain: yahoo.com
New gTLDs: .YAHOO and .FLICKR

Bid deadline: April 18, 2016
Q1 2016 Earnings call: April 19, after market close

Yahoo's financial situation is "increasingly dire" according to Kara Swisher in Re/code, who obtained access to the "book" Yahoo's bankers are making available to potential buyers. According to Swisher, the book "shows a company in what appears to be serious free fall," and shows Yahoo expecting revenue to fall close to 15 percent, earnings by over 20 percent, in 2016.

"Yahoo CEO Marissa Mayer's tenure has been a mess and the Board of Directors should be held accountable for the losing of a significant sum of shareholder value based solely on the company's inability to find and execute a strategic vision that is going to move them in one direction or another."--Yahoo: Nothing Is Finalized Just Yet | Seeking Alpha

Tweets about $YHOO

See also on Domain Mondo:

• Yahoo $YHOO LIVE Webcast: Q4, Year 2015 Earnings ...
• Corporate Accountability: Yahoo!, Starboard Value, Activist Shareholder

See also: Meet the Lookie-Loos of the Yahoo Yard Sale: Google, Twitter, Facebook | Re/code
and Yahoo Sure Has Lots of Attractive Suitors - Bloomberg Gadfly


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Wealthy Chinese Investors Flee China's Stock Markets (video)

Chinese stocks tumbled the most in three weeks as traders reduced stimulus bets and speculated the government will pare back efforts to prop up equities. Data Tuesday showed home-price gains are spreading, with new-home prices rising in 31 cities of the 70 the government monitors, from 27 the previous month, according to data released by the National Bureau of Statistics on Tuesday, August 18, 2015.

Bloomberg quote: SHCOMP:IND

"The wealthiest investors in China’s equity market are heading for the exits. The number of traders with more than 10 million yuan ($1.6 million) of shares in their accounts shrank by 28 percent in July, even as those with less than 100,000 yuan rose by 8 percent, according to the nation’s clearing agency... The median stock on mainland bourses traded at 72 times reported earnings on Monday, more expensive than any of the world’s 10 largest markets. The ratio was 68 at the peak of China’s equity bubble in 2007, according to data compiled by Bloomberg ... “Wealthy investors, who have been through bear markets, are better at exiting,” said Hu Xingdou, an economics professor at the Beijing Institute of Technology... investors are finding alternatives in Chinese real estate and overseas markets... The yuan’s retreat to the weakest level since 2011 is increasing the allure of assets denominated in foreign currencies, according to Steve Wang, the chief China economist at Reorient Financial Markets Ltd. in Hong Kong. Yuan positions at China’s central bank and financial institutions fell by the most on record last month, a sign that investors are moving money out of the country. “China’s capital outflow in July coincided with big investors selling shares,” Wang said. “Small players have been drawn in by government measures to support the market, while wealthy investors cut their stakes.” source: Bloomberg Business, August 18, 2015 (emphasis added)

China’s richest traders are fleeing stocks http://t.co/hOBrQgaCmj pic.twitter.com/UY6WU6PIc7

— Bloomberg Business (@business) August 19, 2015

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